Making the way for the implementation of the budget announcement regarding ‘Pay as you use’ tolling in India, the National Highways Authority of India (NHAI) is executing a pilot project to study the implemention ability of the system in the country. The pilot project involves implementing a satellite based electronic toll collection system running on […]

Reliance Jio Infocomm posted a net profit of Rs 504 crore for the fiscal third quarter, its first within 15 months of start of commercial operations, buoyed by strong subscriber additions and cost efficiencies, including sharply lower payments on account of interconnect charges. The Mukesh Ambani-owned company, which upended the market since its entry in […]

For several years, under its previous CEO N Chandrasekaran, TCSBSE 3.12 % achieved growth rates of 15-16% even when it had hit $10 billion in revenues, way more than the No. 2 player, Infosys, in the Indian IT industry. Then, in the past couple of years

Scope for Pound-to-Euro to push higher next week now EUR/USD has topped out, Catalan election result is weighing and Sterling is supported by data. The Pound had crept a fraction higher against the Euro and US Dollar by the London close Friday, following the release of several key

HP Inc India will bring its 3D range of printers to the Indian market in the first quarter in 2018, its Managing Director Sumeer Chandra has said. “We will launch, sell and service 3D printers in India. Initially, it will be focussed on the commercial segment, not on the retail segment,” Chandra said here on […]

Toyota has joined a growing list of Japanese multinationals that delivered higher earnings than expected in the second quarter and lifted its full-year outlook thanks to the weaker yen. Japan’s biggest carmaker by volume also continued with its multiyear effort to boost shareholder returns

Rivals Intel and Advanced Micro Devices (AMD) are teaming up to produce a laptop computer chip that uses an Intel processor and an AMD graphics unit. The partnership will pit the two companies against competitor Nvidia. The new chip will be made for laptops

The dollar rose to a two-month high against the yen and extended its gains against the euro on Thursday after a hawkish-sounding Federal Reserve heightened expectations for an interest rate hike in December. After concluding a closely watched two-day policy meeting on Wednesday, the Fed had left interest rates unchanged as expected, but signalled it […]

Riding on its unique Cloud offerings, Adobe achieved a record quarterly revenue of $1.84 billion in its third quarter of 2017, which represents 26 percent year-over-year revenue growth. Adobe Experience Cloud achieved revenue of $508 million. “Adobe delivered another record quarter with stellar year-over-year revenue growth of 26 per cent,” said Shantanu Narayen, President